Retail Cash Management Market to Reach USD 9.5 Bn by 2029 at a CAGR 14.6 percent

(IT-NEWSWIRE.COM, September 18, 2023 ) As per Maximize Market research, the Retail Cash Management Market was USD 3.6 Bn in 2022 and is expected to grow at a CAGR of 14.6 percent over the forecast period to reach USD 9.5 Bn by 2029.

Retail Cash Management Market Report Scope and Research Methodology

The bottom-up approach was used to estimate the Retail Cash Management market size. SWOT is used to identify the threats and weaknesses of the market while PESTLE was used to employ the competitive intensity of the Retail Cash Management Market.

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Retail Cash Management Market Dynamics

The increasing demand for automation and optimization of working capital and growing the number of retail points and the penetration of organized retail are the growth drivers of the Retail Cash Management Market growth. The integration of artificial intelligence (AI) and machine learning (ML) is a lucrative opportunity for the Retail Cash Management Market growth.

Retail Cash Management Market Regional Insights

North America is expected to dominate the Retail Cash Management Market share during the forecast period. The rapid adoption of retail cash management services to avoid liquidity crises is the growth driver of the regional Market.

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Retail Cash Management Market Segmentation

By Component

Solution

Service

By Application

Balance & Transaction Reporting

Cash Flow Forecasting

Corporate Liquidity Management

Payables & Receivables

Others

By Deployment

Mode On-Premise

Cloud

By Enterprise Size

Large Enterprises

Small &Medium-Sized Enterprises

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Retail Cash Management Key Competitors include:

ALVARA Digital Solutions GmbH

Aurionpro Solutions Limited

Giesecke+Devrient GmbH

Glory Global Solutions

Nucleus Software Exports Ltd.

Oracle Corporation

Sopra Banking Software SA

The Sage Group PLC.

Tietoevry

Intimus International group.

Infosys Limited.

Finastra Group Holding Limited.

HCL Technologies Ltd.

NTT Data Corporation

Maximize Market Research is leading Information Technology and telecommunication research firm, has also published the following reports:

Retail Management System Software Market - The market size is expected to reach USD 6 Bn by 2029 at a CAGR of 11.97 percent during the forecast period.

Retail Automation Market -The Market size is expected to reach USD 32.86 Bn by 2029 at a CAGR of 10.94 percent during the forecast period.

About Maximize Market Research:

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